This scam company raised my interest rate on my small business CC I obtained from them just over a year ago. They lured me in with a teaser rate of 7.99% then 6 months later jumped it to around 17% then most recently to 37.81%
Their customer service team is a joke, as they are very cold and non committal on the phone. The thing that is ridiculous, is I have never been late, never been over my limit, and have good credit. I have never even been late or over my limit on any other cards I have.
I would LOVE to team up with other individuals who have had the same problem with this company and sue them in a class action lawsuit. Does anyone out there know if there is any legal recourse that could be taken to lower the rates?
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